Target Corporation (TGT)
Operating return on assets (Operating ROA)
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 5,566,000 | 5,707,000 | 3,848,000 | 8,946,000 | 6,539,000 |
| Total assets | US$ in thousands | 57,769,000 | 55,356,000 | 53,335,000 | 53,811,000 | 51,248,000 |
| Operating ROA | 9.63% | 10.31% | 7.21% | 16.62% | 12.76% |
February 1, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $5,566,000K ÷ $57,769,000K
= 9.63%
Target Corporation's operating return on assets (operating ROA) has shown some fluctuation over the past five years.
In January 2021, the operating ROA was 12.76%, indicating that for every dollar of assets, Target generated a return of 12.76 cents from its operations.
By January 2022, the operating ROA increased to 16.62%, showing an improvement in the company's efficiency in utilizing its assets to generate operating profits.
However, in January 2023, there was a significant decline in the operating ROA to 7.21%, which might suggest a decrease in operating efficiency or profitability relative to the size of its asset base.
The following year, in February 2024, the operating ROA improved to 10.31%, indicating a rebound in the company's ability to generate returns from its assets through operations.
As of February 2025, the operating ROA stood at 9.63%, showing a slight decrease compared to the previous year but still indicating a positive return on assets from operations.
Overall, while there have been fluctuations in Target Corporation's operating ROA over the past five years, the company has generally maintained a reasonable level of efficiency in generating operating profits from its asset base.
Peer comparison
Feb 1, 2025